Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan

Masam Removes 1,609 Mines, Unexploded Ordnance on May Fourth Week

The Masam Project operated by the King Salman Humanitarian Aid and Relief Center (KSrelief) to clear Yemeni land of mines, removed 1,609 mines, unexploded ordnance (UXO), and improvised explosive devices (IEDs) during the fourth week of May.

Magnitude 5 Earthquake Strikes Fiji Islands in the South Pacific

A magnitude 5.0 earthquake struck south of the Fiji Islands in the South Pacific Ocean on Sunday, according to the United States Geological Survey (USGS). The earthquake occurred at a depth of approximately 486.2 kilometers beneath the Earth's surface.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/05/31 Time 11:29:50
Latest News:

Saudi Defense Minister Delivers Leadership Condolences Following Death of Former President Hadi

Al-Alimi Receives Further Condolences on the Passing of Former President Hadi

UAE Leadership Extends Condolences to Leadership Council Chairman on Passing of Former President

Al-Subaihi, PM Receive Condolences in Aden on the Passing of Former President Abd-Rabu Mansour Hadi

President al-Alimi leads funeral procession of former President Abd-Rabu Mansour Hadi

Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan

[15/10/2025 02:18]

BEIJING-SABA
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.

The bank stated in a press release published by the Chinese news agency (Xinhua) that the operation would be carried out with a fixed quantity through interest rate bids, with the winning bids to be determined at multiple price levels and the operation would have a term of six months or 182 days.

Direct reverse repurchase operations, which are a tool introduced by the central bank in October 2024 to manage liquidity in the national banking system, are operations carried out once a month for a term not exceeding one year.